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Teva offers to buy Mylan in $40.1B cash-and-stock deal

2015-04-21 17:05:03| Biotech - Topix.net

Teva has offered to buy Mylan for about $40.1 billion in cash and stock in a deal that would create a powerhouse of generic drug development. If Teva manages to acquire Mylan under the offer announced Tuesday, it would help Teva secure a more dominant position as it would be taking Mylan off of a growing list of competitors.

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Sika offers to buy founders' controlling stake

2015-04-19 19:22:28| Chemicals - Topix.net

Swiss chemicals company Sika AG has offered 2.25 billion Swiss francs to buy its founding family's controlling stake, Swiss media reported Sunday, a move designed to scupper a hostile takeover by France's Saint-Gobain SA. The management of Baar-based Sika has made the offer to encourage the Burkard family to cancel their agreement to sell their holding to Saint-Gobain for 2.75 billion francs.

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Cardinal Health offers to buy J&J unit for about $1.94B

2015-03-02 16:53:04| Food - Topix.net

Cardinal Health is offering to buy a unit of Johnson & Johnson that makes heart devices for approximately $1.94 billion. Johnson & Johnson's Cordis business, which is based in Fremont, California, had 2014 revenue of about $780 million.

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